Fxassure Ltd identifies itself as an online trading and investment company that offers Forex trading, Cryptocurrency investment, and Asset management services. This company has multiple warning signs indicating it is not what it claims. The official website, fxassureltd.com, is currently down and offline, which compels suspicion in and of itself. Perhaps the most salient evidence there is something nefarious about this platform is that it is blacklisted by the Financial Conduct Authority (FCA) in the UK and CNMV (Spain), which are both legitimate and respected financial regulators.
Is Fxassure Ltd a Legitimate Investment Platform?
No. Fxassure Ltd does not hold any legal authorization to offer financial services. Warnings from the FCA and CNMV confirm that Fxassure Ltd operates illegally and poses a high risk to investors.
What Were They Offering?
Fxassure Ltd represented itself as a financial ecosystem that provided:
- Forex trading services
- Cryptocurrency investments
- Asset and portfolio management
They promised high returns and professional trading support. There is no clarity as to when trades occurred or how they managed funds.
Why Is the Website Not Working?
The website fxassureltd.com is no longer operational, which is a typical strategy employed by scam platforms to avoid users once they have stolen their money. This option is typically employed to evade detection, complaints, or legal action.
What Do Official Warnings Say?
Both FCA (UK) and CNMV (Spain) have warned that Fxassure Ltd is not registered or regulated and advised the public not to interact with the platform as of November 25, 2022, and April 19, 2022, respectively. Alerts are typically issued once authorities have received complaints or identified suspicious activities.
FCA Warning – https://www.fca.org.uk/news/warnings/fxassureltdcom
CNMV Warning – https://www.cnmv.es/webservices/verdocumento/ver?e=Vk4CcIW5JHi5oDArin6G%2bpqsmhmHlGKVzGKYDPXP7jQPj57IXgF7VdIcuAns0KKL
Can You Recover Money Lost to Fxassure Ltd?
If you have lost money through Fxassure Ltd, you may have a chance to recover those funds. There is a potential upside for the investor scam recovery agencies, as well as possibly tracing reasonable digital payments made and liaising with banks or regulators globally.
What Should You Do If You’ve Been Targeted?
- Cease engagement with Fxassure Ltd or their agents.
- Gather up all your evidence, including receipts for payments, emails, and chat files.
- Report it to your country’s relevant financial authorities (the higher the risk in terms of volumes of complaints, the more likely action will be taken).
Need Help Recovering Funds?
If you’ve been affected by Fxassure Ltd or a similar platform, Fraud Recovery Experts can help you explore your recovery options.
Contact us today and take the first step towards the recovery of your money.
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